Mike Ashley’s Sports Direct is reportedly set to close its packing facility in Wigan, Greater Manchester on June 13, resulting in 300 job losses. Workers from the Wigan warehouse were informed

Mike Ashley’s Sports Direct has threatened Debenhams’ administrators with legal action after the department store fell into administration last week, wiping out Ashley’s near 30 per

New York – Hours before Debenhams made public its ‘pre-packed administration’ deal, Mike Ashley, founder and owner of Sports Direct, made a last-minute offer to the ailing retailer.

New York – Earlier this week the British department store chain entered administration after struggling for years with shrinking margins, rising costs and a loss of consumers’ interest in

Debenhams has announced the agreement of a 200 million pound refinancing lifeline with its lenders as the embattled retailer continues to fend off a takeover bid by Mike Ashley's Sports Direct. In a

Debenhams bondholders have given the green light for a 200 million pound refinancing scheme that hopes to breathe life into the struggling department store chain. In an announcement on Thursday, Debe

Home shopping retailer Finder has urged its shareholders to reject an "opportunist" takeover bid from Mike Ashley’s Sports Direct. Findel said in a statement released Wednesday that it thinks S

Mike Ashley’s Sports Direct has announced it is considering making a 61.4 million pound offer for Debenhams. The possible firm offer would see Sports Direct, which already owns a near 30 perce

Mike Ashley’s Sports Direct has offered to buy Debenhams’ Danish business, Magasin Du Nord, for 100 million pounds. The move comes as part of Ashley’s ongoing takeover bid for the

Debenhams has asked its existing lenders for a 200 million pound cash injection as it continues to fend off a takeover bid from Mike Ashley’s Sportsdirect. In a statement on friday, Debenhams s

Mike Ashley’s Sports Direct released a new statement on Thursday requesting a meeting of shareholders at Debenhams in a bid to appoint Ashley to the company’s board. The statement also re

Debenhams has said it will give “careful consideration” to a 150 million pound interest-free loan offered to the company by Mike Ashley’s Sports Direct. The loan was offered in a st

Cycling clothing, accessories and equipment brand Evans Cycles is set to close three more stores this month, bringing the total number of closures to eight since the chain was bought by Sports Direct

Retail tycoon Mike Ashley has announced his intention to take over the struggling department store chain Debenhams. Sports Direct International announced through a statement that it has requisitioned

Shares at Footasylum have surged 70 percent following the announcement by JD Sports that it had made an 8.3 percent stake in the business. JD Sports said that it was prepared to increase its holding

The business empire of Sports Direct owner Mike Ashley saw profits drop by 64 percent to 102.5 million pounds for the year to end-April 2017, from 227.7 million pounds the year before. Accounts file

The turnaround of high street department store chain House of Fraser is facing significant challenge. Parent company Sports Direct chief Mike Ashley stated the company is facing a multitude of challe

Sports Direct owner Mike Ashley has lashed out at Debenhams after the UK retailer refused his offer of a 40 million pound cash injection, according to the Daily Telegraph. In a letter published by th

Sports Direct owner Mike Ashley announced the closure of half of Evans Cycles’ stores despite being told by administrators that “almost all the stores were profitable,” the Telegrap

Sports Direct International Plc, the UK sportswear group owned by billionaire Mike Ashley, has announced that it has paid 8 million pounds (10.2 million US dollars) to buy UK retailer Evans Cycles a

New York.- Mike Ashley’s athletic apparel emporium might be expanding soon, as reports broke Friday on his interest to snap American Golf. Sports Direct would be reportedly in takeover talks r

London - Sports Direct has confirmed that it is making a seven-figure investment in new in-store technology and digital displays, as part of a three to five-year project to enhance store experience a

While Mike Ashley’s Sports Direct, the new owner of the troubled department store chain House of Fraser is putting in efforts to save the latter's stores from closing, The Guardian report says

Sports Direct International Plc has announced that Richard Bottomley OBE is joining the company’s board as a Non-Executive Director with effect from October 1, 2018. The company also confirmed

Sports Direct has announced changes its board of directors. The company said in a statement that Dr Keith Hellawell, QPM, has informed the board of his decision to step down as chairman and as a dire

Sports Direct International plc has announced the acquisition of the business and assets of House of Fraser from the administrators of House of Fraser Limited, House of Fraser (Stores) Limited and Ja

Troubled departmental store chain House of Fraser is said to be in talks with Sports Direct’s Mike Ashley to seek funding boost worth 50 million pounds (65.8 million dollars), reports Sky News.

Iconix Brand Group, Inc. has announced that it entered into a cooperation agreement with Sports Direct International plc, pursuant to which Sports Direct has the right to appoint two members of the c

In an attempt to revert its failed financial plans, the department store chain has launched a dramatic restructuring that involves closing more than half of its 59 stores to cut costs. The plan has a

In an attempt to revert its failed financial plans, the department store chain has launched a dramatic restructuring that involves closing more than half of its 59 stores to cut costs. The plan has a